{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-025261","form_type":"8-K","ticker":"SM","cik":"0000893538","company_name":"SM Energy Co","filed_at":"2026-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.971048+00:00","generated_at":"2026-05-15T18:28:05.615862+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"SM Energy issues $1.0B of 6.625% Senior Notes due 2034","bullets":["$1.0B aggregate principal amount, 6.625% coupon, matures April 15, 2034.","Interest payable semi-annually on April 15 and Oct 15, starting Oct 15, 2026.","Make-whole redemption prior to April 15, 2029; then step-down premiums (103.313%, 101.656%, 100%).","Notes are unregistered, guaranteed by subsidiary guarantors; covenants restrict debt, dividends, asset sales, liens, affiliate transactions.","Event of default triggers include payment defaults, bankruptcy, unpaid judgments over $100M, and guarantee cessation."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-025261","json":"https://secwatch.observer/filing/0001104659-26-025261.json","markdown":"https://secwatch.observer/filing/0001104659-26-025261.md","text":"https://secwatch.observer/filing/0001104659-26-025261.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/tm267946d3_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T18:28:05.615862+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c0208dbc580d6e833f24496a8471bed61abbc71d","claim":"SM Energy Co incurred senior notes of $1.0 billion with initial purchasers at 6.625% per annum maturing April 15, 2034.","evidence_excerpt":"On March 9, 2026, SM Energy Company (the \" Company \") issued and sold $1.0 billion in aggregate principal amount of the Company’s 6.625% Senior Notes due 2034 (the \" Notes \"), pursuant to a Purchase Agreement, dated March 4, 2026, among the Company, the guarantors party thereto (the \" Subsidiary Guarantors \") and BofA Securities, Inc., acting as representative of the several initial purchasers named therein (the \" Initial Purchasers \").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm","confidence":0.99},{"claim_id":"c22c93e29c851abc89a8140bdbad4fa2865b59b1","claim":"SM Energy Co entered into Indenture for 6.625% Senior Notes due 2034 with U.S. Bank Trust Company, National Association valued at $1,000,000,000 aggregate principal amount of 6.625% Senior Notes due 2034; maturity April 15, 2034; (effective 2026-03-09).","evidence_excerpt":"On March 9, 2026, the Company entered into the Indenture relating to the Notes (the “ Indenture ”), with the guarantors party thereto and U.S. Bank Trust Company, National Association, a national banking association, as trustee (the “ Trustee ”), governing the Notes.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm","confidence":0.95},{"claim_id":"ef504b200b0433ca1a7f0dfa4fb8a085eb2643e5","claim":"SM Energy Co entered into Purchase Agreement for 6.625% Senior Notes due 2034 with BofA Securities, Inc. valued at $1,000,000,000 aggregate principal amount of 6.625% Senior Notes due 2034 (effective 2026-03-04).","evidence_excerpt":"On March 9, 2026, SM Energy Company (the “ Company ”) issued and sold $1.0 billion in aggregate principal amount of the Company’s 6.625% Senior Notes due 2034 (the “ Notes ”), pursuant to a Purchase Agreement, dated March 4, 2026, among the Company, the guarantors party thereto (the “ Subsidiary Guarantors ”) and BofA Securities, Inc., acting as representative of the several initial purchasers named therein (the “ Initial Purchasers ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm","confidence":0.95}],"comparable_filings":[{"accession":"0001193125-26-252668","ticker":"BTU","company_name":"PEABODY ENERGY CORP","filed_at":"2026-06-02T14:17:48+00:00","headline":"Peabody prices $250M convertible notes due 2031, repurchases $241.2M of 2028 notes","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-252668","json":"https://secwatch.observer/filing/0001193125-26-252668.json","markdown":"https://secwatch.observer/filing/0001193125-26-252668.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/0001193125-26-252668-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/d112966d8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 9, 2026, SM Energy Company (the \" Company \") issued and sold $1.0 billion in aggregate principal amount of the Company’s 6.625% Senior Notes due 2034 (the \" Notes \"), pursuant to a Purchase Agreement, dated March 4, 2026, among the Company, the guarantors party thereto (the \" Subsidiary Guarantors \") and BofA Securities, Inc., acting as representative of the several initial purchasers named therein (the \" Initial Purchasers \").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm","comparable_excerpt":"additional $25 million in aggregate principal amount of the Notes (together with the “Initial Notes,” the “Notes”), bringing the total aggregate principal amount of the Notes to $250 million. On June 2, 2026, the Company completed the private offering of the Notes. The Notes are senior unsecured obligations of the Company. The net proceeds from this offering were","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/0001193125-26-252668-index.htm"}},{"accession":"0001882781-26-000041","ticker":"CBLO","company_name":"C2 Blockchain, Inc.","filed_at":"2026-06-02T14:08:44+00:00","headline":"C2 Blockchain raises $130K and up to $1.2M via convertible notes with heavy dilution","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001882781-26-000041","json":"https://secwatch.observer/filing/0001882781-26-000041.json","markdown":"https://secwatch.observer/filing/0001882781-26-000041.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1882781/000188278126000041/0001882781-26-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1882781/000188278126000041/form8k6226o.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 9, 2026, SM Energy Company (the \" Company \") issued and sold $1.0 billion in aggregate principal amount of the Company’s 6.625% Senior Notes due 2034 (the \" Notes \"), pursuant to a Purchase Agreement, dated March 4, 2026, among the Company, the guarantors party thereto (the \" Subsidiary Guarantors \") and BofA Securities, Inc., acting as representative of the several initial purchasers named therein (the \" Initial Purchasers \").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm","comparable_excerpt":"On May 22, 2026, the Company entered into a Securities Purchase Agreement with Auctus Fund, LLC (“Auctus”), pursuant to which the Company issued and sold a Promissory Note in the principal amount of $130,000 (the “Auctus Note”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1882781/000188278126000041/0001882781-26-000041-index.htm"}},{"accession":"0001140361-26-023577","ticker":"TCPC","company_name":"BlackRock TCP Capital Corp.","filed_at":"2026-06-01T20:50:02+00:00","headline":"BlackRock TCP Capital closes $535.8M CLO securitization, repays existing debt facilities","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-023577","json":"https://secwatch.observer/filing/0001140361-26-023577.json","markdown":"https://secwatch.observer/filing/0001140361-26-023577.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/ef20075169_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 9, 2026, SM Energy Company (the \" Company \") issued and sold $1.0 billion in aggregate principal amount of the Company’s 6.625% Senior Notes due 2034 (the \" Notes \"), pursuant to a Purchase Agreement, dated March 4, 2026, among the Company, the guarantors party thereto (the \" Subsidiary Guarantors \") and BofA Securities, Inc., acting as representative of the several initial purchasers named therein (the \" Initial Purchasers \").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm","comparable_excerpt":"Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the \" Closing Date \"), BlackRock TCP Capital Corp. (the \" Company \"), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the \" CLO Transaction \"). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm"}},{"accession":"0001628280-26-039479","ticker":"VVX","company_name":"V2X, Inc.","filed_at":"2026-06-01T20:10:20+00:00","headline":"V2X refinances $868.5M term loans with new tranche maturing 2030; SOFR+2% margin","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-039479","json":"https://secwatch.observer/filing/0001628280-26-039479.json","markdown":"https://secwatch.observer/filing/0001628280-26-039479.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/vec-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 9, 2026, SM Energy Company (the \" Company \") issued and sold $1.0 billion in aggregate principal amount of the Company’s 6.625% Senior Notes due 2034 (the \" Notes \"), pursuant to a Purchase Agreement, dated March 4, 2026, among the Company, the guarantors party thereto (the \" Subsidiary Guarantors \") and BofA Securities, Inc., acting as representative of the several initial purchasers named therein (the \" Initial Purchasers \").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm","comparable_excerpt":"The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm"}},{"accession":"0001213900-26-054183","ticker":"EMAT","company_name":"Evolution Metals & Technologies Corp.","filed_at":"2026-05-11T23:59:59+00:00","headline":"EMAT secures $100M convertible debenture facility from Yorkville; first $20M tranche issued","event_type":"debt","sec_items":["1.01","2.03","3.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-054183","json":"https://secwatch.observer/filing/0001213900-26-054183.json","markdown":"https://secwatch.observer/filing/0001213900-26-054183.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/ea0290073-8k_evolution.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 9, 2026, SM Energy Company (the \" Company \") issued and sold $1.0 billion in aggregate principal amount of the Company’s 6.625% Senior Notes due 2034 (the \" Notes \"), pursuant to a Purchase Agreement, dated March 4, 2026, among the Company, the guarantors party thereto (the \" Subsidiary Guarantors \") and BofA Securities, Inc., acting as representative of the several initial purchasers named therein (the \" Initial Purchasers \").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm","comparable_excerpt":"The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm"}},{"accession":"0000008947-26-000108","ticker":"AZZ","company_name":"AZZ INC","filed_at":"2026-05-08T23:59:59+00:00","headline":"AZZ refinances revolver; maturity extended to 2029, margins cut 50 bps","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000008947-26-000108","json":"https://secwatch.observer/filing/0000008947-26-000108.json","markdown":"https://secwatch.observer/filing/0000008947-26-000108.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/0000008947-26-000108-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/azz-20260507.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 9, 2026, SM Energy Company (the \" Company \") issued and sold $1.0 billion in aggregate principal amount of the Company’s 6.625% Senior Notes due 2034 (the \" Notes \"), pursuant to a Purchase Agreement, dated March 4, 2026, among the Company, the guarantors party thereto (the \" Subsidiary Guarantors \") and BofA Securities, Inc., acting as representative of the several initial purchasers named therein (the \" Initial Purchasers \").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm","comparable_excerpt":"The Seventh Amendment (i) terminated the Initial Revolving Credit Commitments and simultaneously replaced them in their entirety with Extended Revolving Credit Commitments having a Maturity Date of May 7, 2029, (ii) decreased the interest rate margin applicable to the Revolving Credit Loans from margins ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs) to margins ranging from 125 basis points to 225 basis points (subject to leverage ratio step-downs)","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/0000008947-26-000108-index.htm"}},{"accession":"0001104659-26-057953","ticker":"ILPT","company_name":"Industrial Logistics Properties Trust","filed_at":"2026-05-08T23:59:59+00:00","headline":"ILPT Mountain JV closes $1.62B loan at 5.71% fixed, repays $1.6B existing debt","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057953","json":"https://secwatch.observer/filing/0001104659-26-057953.json","markdown":"https://secwatch.observer/filing/0001104659-26-057953.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/0001104659-26-057953-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/tm2613865d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 9, 2026, SM Energy Company (the \" Company \") issued and sold $1.0 billion in aggregate principal amount of the Company’s 6.625% Senior Notes due 2034 (the \" Notes \"), pursuant to a Purchase Agreement, dated March 4, 2026, among the Company, the guarantors party thereto (the \" Subsidiary Guarantors \") and BofA Securities, Inc., acting as representative of the several initial purchasers named therein (the \" Initial Purchasers \").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm","comparable_excerpt":"Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch, or collectively,\nthe lenders, pursuant to which Mountain JV obtained, in aggregate, a $1.62 billion loan secured\nby 90 of its properties, or the Loan . Also on May 8, 2026, we entered into a guaranty in favor of the lenders, pursuant to which\nwe guaranteed certain limited","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/0001104659-26-057953-index.htm"}},{"accession":"0001193125-26-214205","ticker":"PGIM","company_name":"PGIM Private Credit Fund","filed_at":"2026-05-08T23:59:59+00:00","headline":"PGIM Private Credit Fund enters $100M credit facility with $500M accordion option","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-214205","json":"https://secwatch.observer/filing/0001193125-26-214205.json","markdown":"https://secwatch.observer/filing/0001193125-26-214205.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/0001193125-26-214205-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/ck0001923622-20260505.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 9, 2026, SM Energy Company (the \" Company \") issued and sold $1.0 billion in aggregate principal amount of the Company’s 6.625% Senior Notes due 2034 (the \" Notes \"), pursuant to a Purchase Agreement, dated March 4, 2026, among the Company, the guarantors party thereto (the \" Subsidiary Guarantors \") and BofA Securities, Inc., acting as representative of the several initial purchasers named therein (the \" Initial Purchasers \").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm","comparable_excerpt":"Repo Rate Average; and for Australian‐dollar advances, Bank Bill Swap Rate), in each case subject to a 0.25% floor. The initial facility amount of the Credit Facility is $100 million, with an accordion feature that permits increases, with the consent of the facility agent and the lenders, up to an aggregate commitment of $500 million. The Credit Facility has","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/0001193125-26-214205-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}